Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has just published its electronic markets metrics for July 2016. EBS volumes are down 15% MoM, US Treasury has dropped to 153.8 for the same period of time. US Repo is steady at 211.3 this month, European Repo (in EUR billions) - 169.4. See…
Read moreReal-rime payments, authentication and risk mitigation company Early Warning Services, LLC and Fiserv, Inc. (NASDAQ: FISV) have announced a strategic alliance to extend the availability of real-time person-to-person (P2P) payments. The combination of the two companies will broaden consumer access to compelling, secure, real-time P2P payment capabilities. The P2P payments landscape is competitive and highly…
Read moreThe Stock Exchange of Hong Kong Limited (HKEx) has placed China Forestry Holdings Co. Ltd. into the third delisting stage today. If no viable resumption proposal is received by the end of the third delisting stage (i.e. February 2, 2017), the company's listing will be cancelled. By July 8, 2015 HKEx was of the view that…
Read moreMoscow Exchange (MOEX) has announced that new bonds will be accepted to margin trading starting from August 3, 2016. From this date on, the following risk parameters will be applied: The following risk parameters for the security PHOR will also be changed: Interest rate risk decrease rate - SECΔ_1. (Y0/Y1)
Read moreAfter expanding with an office in Australia last month, the industry pioneer in broker-neutral algorithmic trading platforms for equities, foreign exchange and listed derivatives, FlexTrade Systems (@FlexTrade), has announced that it has recently opened an office in Frankfurt am Main, Germany. Frankfurt is the heart of the German financial sector and is right at the centre of…
Read morePayments and processing technologies and solutions provider Fiserv Inc (NASDAQ:FISV) has reported financial results for the second quarter of 2016. GAAP revenue for the company increased 5% in the second quarter to $1.36 billion, with 9% growth in the Payments segment and 1% growth in the Financial segment, compared to the second quarter of 2015.…
Read moreHong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read moreThe Ontario Securities Commission (OSC) has announced that Sydney Klein, of Thornhill, Ontario, was sentenced to two years of probation with conditions at the Ontario Court of Justice in Newmarket, Ontario. Klein’s conditions require him to cease trading in securities, to refrain from acting in, and to resign, from any officer or director positions in…
Read moreBinary platform provider and operator TechFinancials Inc (LON:TECH) has issued a statement indicating that its 2016 first half results should be in line with expectations. In addition to the company's previous formal statement, here are some more highlights: Trading in the first half of 2016 has been strong; Operating performance improved substantially compared with the…
Read moreOnline trading services provider Monex Group, Inc. (TYO:8698) has just published its key operating metrics for July 2016 and its Global daily average revenue trades (DARTs) is down from June levels, which were 293,426 in numbers, and is now only 275,082. This slight drop might be due to the 4th of July holidays which is usually followed by…
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